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Long-Standing Nursing Home With Property In West Durban For Sale

Greater Durban, KwaZulu - Natal, South Africa
Asking Price:
R11,000,000
Sales Revenue:
R7,190,400
Cash Flow:
R2,404,980

A well-established, nursing home including the property has been operating for more than 20 years in a quiet suburb in the Greater Durban area. The business operates from a large property with 20 rooms that can accommodate 65 patients, fully equipped and staffed to provide excellent 24-hour care. They are registered with the Nursing Council and the Department of Health, Welfare and Social Development. The home is ideally suited for a registered medical practitioner such as a Matron/Staff Nurse due to the medication dispensed to Patients. An excellent business that includes a property valued at R4m giving an ROI of 7.5% and the company with all its assets and goodwill, netting R200k per month, giving an ROI of 34%.

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